Hello awesome fellow members,
I was browsing through an auction catalog to find a lot of items (watches) listed as "to be sold without reserve".
Googling the phrase lead me to a legal dictionary which reads that "the courts will not enforce a contract against a purchaser".
As the example given was referring to houses, I am wondering what does that mean for watches? That any bidder will have the option to walk away in a non-binding manner? That if you change your mind, you can call it off last minute?
I am certain there are a few here who know the answer